Network infrastructure and 5G-technology provider Nokia has signed a new long-term patent license agreement with Apple to replace the current deal between the two companies that is set to expire at the end of the year.
The deal, which enables Apple to use the Finnish company’s technology in its products, covers Nokia’s inventions in 5G and other technologies. The terms of the agreement remain confidential. Nokia expects to recognize revenue related to the agreement starting January 2024, and the company said the deal is consistent with its long-term outlook disclosed in the first quarter.
Spanish Prime Minister visits Kyiv on the day country starts EU presidency to underline bloc’s support for Ukraine
Prime Minister Pedro Sanchez started Spain’s six-month presidency of the European Union with a lightning visit to Kyiv on Saturday to underline the bloc’s support of Ukraine in the face of the invasion by Russia.
Ukrainian President Volodymyr Zelenskyy announced the visit Thursday in an address to European leaders gathered for a summit in Brussels. He highlighted the symbolism of the visit and the importance of the next six months for Europe. He added that it was the moment to begin negotiations for Ukraine’s entry into the EU.
Speaking Friday in Brussels, Sánchez said, “The war in Ukraine will be one of the great priorities of our presidency, with the focus being on guaranteeing the unity (on the issue) among all member states.”
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Business News Click Here
